Robots are poised to change the global business landscape. These guidelines will help your company capitalize on the technology and gain a sustainable edge. The interactive shows growth projections for four key industry sectors and how surging consumer demand caused our projections to be revised sharply upward.
The global market for robotics—the use of computer-controlled robots to do manual tasks—is growing far faster than expected. In 2014, BCG projected that the market would reach $67 billion by 2025. In 2017, we increased that estimate to $87 billion. Much of the accelerated growth will come from the consumer market because of applications such as self-driving cars and devices for the home. Projected growth in the commercial sector accounts for the rest of the adjustment.
